Mishra, Aswini Kumar; Agrawal, Saksham; Patwa, Jash Ashish - In: Journal of Economics, Finance and Administrative Science 27 (2022) 54, pp. 294-312
2 (expansion) and phase 3 (slow-down) of the business cycle in most cases. Research limitations/implications - In … Indian economy does go through different business cycles, and the changes in parameters hence prove hypothesis 3 to be true …